Caribbean

LatAm green bond sales double in two years

International Financial Institutions Bonds Latin America

Issuers in Chile, Brazil and Mexico represent more than three-quarters of the amount raised since 2019, CBI says

Moody's drops Bahamas deeper into junk status

Credit Ratings Moody's Investors Service Downgrade

Rating agency keeps a negative outlook on the Caribbean nation due to a loss of "fiscal strength"

Nexans acquires Colombian cable maker

Funds Equity Debt

French company agrees to spend $225 mln to buy Centelsa from Mexico's Xignux

LAAD gets green loan through IFC

Loans Debt Latin America

Florida-based agribusiness lender borrows $80 mln to fund water use and renewable energy projects for farmers in Latin America

Cemex bets on cash for Jamaica expansion

Caribbean Central America Jamaica

Mexican cement company will dip into its cash flow to finance $30 mln project

IDB Invest names other lenders in JMMB loan

Loans Debt Jamaica

US-based multilateral brings three impact investors to a $31 mln syndicated facility for the Jamaican bank

I Squared acquires Barranquilla port

M&A Equity Project & Infrastructure Finance

US infrastructure investors spends $220 mln for 77% of the port operator in the Caribbean city

Grupo Wertheim agrees to buy Vrio from AT&T

M&A Equity Telecoms

Argentine group takes over Sky in Brazil and DirecTV in 10 other countries in Latin America and the Caribbean

Cemex outlines restart for plant in Dominican Republic

Funds Central America Caribbean

Mexican cement company plans to spend $20 mln to resume production at San Pedro de Macorís in late 2021 or early 2022

ECLAC pushes to include middle-income countries in debt relief

Capital Markets Coronavirus Corporate & Sovereign Strategy

UN commission also calls on governments to maintain emergency transfer programs

CGC seeks long-term loan

Loans Debt Latin America

Argentine oil producer wants $150 mln from Bahamas-based Eurobanco after getting a 180-day credit line

Blue Finance brings private funding to MPAs

Corporate & Sovereign Strategy Economy & Policy Loans

French impact investment manager looks to draw private investors to marine conservation projects through revenue-generating PPPs

Sagicor supplies SME loans with IFC funding

International Financial Institutions World Bank Loans

Barbados-based financial services firm borrows $40 mln to increase working capital loans in Jamaica

BTG Pactual settles financing terms for Arauco deal in Chile

Corporate & Sovereign Strategy Equity M&A

Brazilian investment bank divvies up a $326 mln timberland purchase with Canada's BCI the Netherlands' ABP

IDB Invest sets out to issue blue bonds

Bonds Debt International Financial Institutions

IDB's private sector affiliate plans to raise $100 mln to finance recovery efforts in tourism and fishing sectors